Advait Energy Transitions Limited
NSE: ADVAITOther Electrical Equipment
Share price
₹1,888.80
+0.92% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
70
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹2,048 Cr
P/E ratio
34.9
P/B ratio
7.4
ROCE
27.9%
ROE
21.6%
Dividend yield
0.1%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 69.9% over the past year, and 89.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 15.0% to 12.2% over the last three years.
Whether it grew faster than its sector
It grew 89.2% a year against a sector median of 10.6% — 78.6 percentage points faster.
Room to re-rate, or risk of de-rating
At 34.9× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 59.1×, across 5 companies. It is against its own five-year median of 59.4×, the 0th percentile of its own range.
Whether growth justifies the valuation
Priced at 0.4 times its growth rate, on earnings growth of 83%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Advait Energy Transitions Limited — this one | 83%/yr | 34.9× | ₹0.42 |
| Apar Industries Limited | 16%/yr | 59.1× | ₹3.7 |
| Waaree Energies Limited | 99%/yr | 16.6× | ₹0.17 |
| Premier Energies Limited | 365%/yr | 23.9× | — |
| Mtar Technologies Limited | -2%/yr | 180.2× | — |
| Diamond Power Infrastructure Limited | — | 113.0× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Other Electrical Equipment), it ranks 12 of 34 on returns, 1 of 30 on growth, 21 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 27.9% on capital, ahead of 65% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹52 crore of cash from the business but spent ₹156 crore on plant and equipment, ₹104 crore more than it made; the gap was from lenders and shareholders. But only about 43 of every 100 rupees of profit it reported over 8 years arrived as cash — the rest is tied up. Its cash comes back faster than it used to: it went from being waiting 21 days for its cash to paid 5 days before it paid its own suppliers.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 9 checks clear · 67%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue rose 52% year on year to ₹179.3 crore, while net profit rose 64% to ₹14.8 crore.
Announced 7 Aug 2026 · Consolidated · Unaudited
Revenue
₹179 Cr
Revenue vs last year
+51.9%
Revenue vs last quarter
-21.4%
Net profit
₹15 Cr
Profit vs last year
+64.5%
Profit vs last quarter
-22.1%
Net margin
8.3%
EPS
₹12.70
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹2,048 Cr
- Prev close
- ₹1,888.80
- 52w High
- ₹2,485
- 52w Low
- ₹1,321
- Enterprise value
- ₹2,027 Cr
- Beta
- 1.2
- Price CAGR 1y
- 7.0%
- Price CAGR 3y
- 67.0%
- Price CAGR 5y
- 114.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 8.2%
- PEG ratio
- 0.4
- P/E ratio
- 34.9
- P/B ratio
- 7.4
- EV / EBITDA
- 25.5
- Industry P/E
- 30.9
- ROCE
- 27.9%
- ROCE 5y average
- 28.8%
- ROE
- 21.6%
- Debt / Equity
- 0.3
- Interest coverage
- 6.2
- Dividend yield
- 0.1%
- ROE 3y average
- 24.0%
- ROE last year
- 22.0%
Annual P&L
- Annual revenue
- ₹715 Cr
- Annual profit
- ₹55 Cr
- Operating margin
- 12.0%
- Net profit margin
- 7.7%
- EBITDA margin
- 11.7%
- Sales growth 3y
- 90.1%
- Sales growth 5y
- 61.0%
- Profit growth 3y
- 83.0%
- Profit growth 5y
- 63.0%
- EPS
- ₹47.3
- Sales growth TTM
- 70.0%
- Profit growth TTM
- 71.0%
- Dividend payout
- 4.0%
Quarter P&L
- Sales latest quarter
- ₹179 Cr
- Profit latest quarter
- ₹15 Cr
- YoY quarterly sales growth
- 51.4%
- YoY quarterly profit growth
- 66.7%
- OPM latest quarter
- 13.8%
Balance Sheet
- Book Value
- ₹253
- Face Value
- ₹10.0
- Total debt
- ₹95 Cr
- Total cash
- ₹116 Cr
- Borrowings
- ₹95 Cr
- Reserves / Equity
- 24.3
Cash Flow
- Operating cash flow
- -₹10 Cr
- Free cash flow
- -₹119 Cr
- FCF yield
- -6.6%
- Net cash flow
- ₹25 Cr
Shareholding
- Promoter holding
- 66.5%
- FII holding
- 0.7%
- DII holding
- 0.0%
- Public holding
- 32.8%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Apar Inds. | 18,160.00 | 63.1 | 76,054 | 0.33 | 467.5 | 77.8 | 6,591.1 | 29.1 | 31.8 |
| Waaree Energies | 2,401.00 | 17.1 | 69,036 | 0.17 | 891.9 | 14.1 | 7,931.8 | 79.2 | 38.5 |
| Premier Energies | 910.00 | 24.9 | 41,431 | 0.11 | 471.9 | 50.5 | 2,462.6 | 35.3 | 32.7 |
| MTAR Technologie | 7,864.50 | 176.1 | 24,176 | 0.00 | 50.5 | 349.7 | 360.7 | 130.4 | 15.2 |
| Diamond Power | 369.15 | 118.3 | 21,944 | 0.00 | 57.1 | 197.8 | 707.3 | 133.0 | 10.4 |
| Emmvee Photovol. | 305.80 | 16.6 | 21,172 | 0.33 | 380.3 | 102.6 | 1,555.5 | 51.3 | 44.6 |
| Avalon Tech | 2,429.70 | 121.6 | 16,242 | 0.00 | 34.9 | 145.4 | 484.4 | 49.8 | 19.3 |
| Advait Energy | 1,910.80 | 36.2 | 2,091 | 0.10 | 14.8 | 66.0 | 179.3 | 51.4 | 27.9 |
| Median | 303.00 | 24.9 | 774 | 0.00 | 8.1 | 29.5 | 135.6 | 32.4 | 21.5 |
Competes with: Apar Industries Limited, Avalon Technologies Limited, Cords Cable Industries Limited, Diamond Power Infrastructure Limited, Dynamic Cables Limited, Emmvee Photovoltaic Power Limited, Finolex Cables Limited, Fujiyama Power Systems Limited, KEI Industries Limited, KSH International Limited, Mtar Technologies Limited, Paramount Communications Limited, Plaza Wires Limited, Polycab India Limited, Premier Energies Limited, Quadrant Future Tek Limited, R R Kabel Limited, Universal Cables Limited, Waaree Energies Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27 | 49 | 73 | 60 | 60 | 46 | 98 | 193 | 118 | 157 | 211 | 228 | 179 |
| Expenses | 24 | 40 | 60 | 48 | 52 | 38 | 83 | 174 | 105 | 140 | 187 | 199 | 154 |
| Material Cost | 126 | 146 | 145 | ||||||||||
| Change in Inventories | -1.02 | 0.19 | -5.01 | ||||||||||
| Purchases of Stock-in-Trade | 48 | 33 | 3.78 | ||||||||||
| Employee Cost | 4.35 | 5.34 | 4.30 | ||||||||||
| Other Expenses | 10 | 15 | 6.33 | ||||||||||
| Operating Profit | 4 | 9 | 12 | 11 | 8 | 9 | 15 | 19 | 14 | 17 | 24 | 29 | 25 |
| OPM % | 13 | 18 | 17 | 19 | 13 | 18 | 16 | 9.97 | 12 | 11 | 11 | 13 | 14 |
| Other Income | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 2 | 5 | 3 | 2 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | ||||||||||
| Interest | 1 | 1 | 2 | 2 | 1 | 3 | 2 | 4 | 3 | 4 | 4 | 4 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 7 | 10 | 10 | 7 | 6 | 14 | 18 | 13 | 15 | 24 | 27 | 21 |
| Tax % | 31 | 23 | 25 | 27 | 25 | 26 | 26 | 30 | 24 | 27 | 24 | 26 | 25 |
| Net Profit | 1 | 6 | 8 | 7 | 5 | 4 | 10 | 13 | 9 | 10 | 17 | 19 | 15 |
| EPS in Rs | 1.44 | 5.39 | 7.54 | 7.09 | 5.33 | 4.02 | 9.06 | 11 | 7.73 | 8.78 | 15 | 16 | 13 |
| Diluted EPS in Rs | 15 | 16 | 13 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 28 | 45 | 66 | 79 | 104 | 209 | 398 | 715 | 775 |
| Expenses | 24 | 40 | 61 | 68 | 88 | 173 | 347 | 631 | 680 |
| Material Cost | 436 | ||||||||
| Change in Inventories | -3.30 | ||||||||
| Purchases of Stock-in-Trade | 144 | ||||||||
| Employee Cost | 17 | ||||||||
| Other Expenses | 37 | ||||||||
| Operating Profit | 4 | 4 | 5 | 10 | 17 | 36 | 52 | 84 | 95 |
| OPM % | 14 | 10 | 7 | 13 | 16 | 17 | 13 | 12 | 12 |
| Other Income | 0 | 2 | 2 | 1 | 2 | 3 | 7 | 13 | 12 |
| Exceptional items (within Other Income) | 0 | ||||||||
| Interest | 0 | 1 | 1 | 1 | 3 | 7 | 11 | 15 | 16 |
| Depreciation | 0 | 2 | 2 | 2 | 4 | 2.64 | 2.71 | 3.54 | 4 |
| Profit before tax | 4 | 3 | 4 | 9 | 12 | 29 | 45 | 78 | 86 |
| Tax % | 42 | 79 | -30 | 40 | 29 | 26 | 28 | 25 | |
| Net Profit | 2 | 1 | 5 | 5 | 8 | 22 | 32 | 55 | 61 |
| EPS in Rs | 2.80 | 0.72 | 4.68 | 5.22 | 8.27 | 21 | 29 | 47 | 53 |
| Diluted EPS in Rs | 47 | ||||||||
| Dividend Payout % | 0 | 104 | 11 | 10 | 0 | 7 | 6 | 4 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 61%
- 3 years
- 90%
- TTM
- 70%
Compounded profit growth
- 10 years
- —
- 5 years
- 63%
- 3 years
- 83%
- TTM
- 71%
Stock price CAGR
- 10 years
- —
- 5 years
- 114%
- 3 years
- 67%
- 1 year
- 7%
Return on equity
- 10 years
- —
- 5 years
- 23%
- 3 years
- 24%
- Last year
- 22%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 10 | 10 | 11 | 11 |
| Reserves | 15 | 16 | 25 | 30 | 36 | 63 | 192 | 267 |
| Borrowings | 6 | 10 | 8 | 9 | 15 | 59 | 72 | 95 |
| Other Liabilities | 20 | 22 | 28 | 37 | 55 | 67 | 218 | 294 |
| Minority Interest | 13 | |||||||
| Total Liabilities | 44 | 52 | 65 | 81 | 116 | 199 | 492 | 667 |
| Fixed Assets | 19 | 18 | 15 | 15 | 35 | 42 | 50 | 85 |
| CWIP | 0 | 0 | 0 | 13 | 1 | 1 | 2 | 59 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 86 | 24 |
| Other Assets | 25 | 34 | 50 | 53 | 80 | 155 | 355 | 499 |
| Total Assets | 44 | 52 | 65 | 81 | 116 | 199 | 492 | 667 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3 | 1 | -0 | 12 | 13 | -9 | 46 | -9.68 |
| Cash from Investing Activity | -12 | -0 | 1 | -14 | -7 | -8 | -94 | -33 |
| Cash from Financing Activity | 9 | 1 | 5 | -2 | 3 | 44 | 100 | 69 |
| Net Cash Flow | -0 | 2 | 6 | -4 | 8 | 26 | 52 | 25 |
| Free Cash Flow | -9 | 1 | -0 | -3 | 5 | -18 | 32 | -120 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 185 | 99 | 113 | 135 | 105 | 75 | 173 | 76 |
| Inventory Days | 29 | 68 | 47 | 50 | 91 | 68 | 26 | 54 |
| Days Payable | 316 | 253 | 180 | 211 | 298 | 166 | 276 | 192 |
| Cash Conversion Cycle | -102 | -86 | -20 | -25 | -102 | -22 | -77 | -62 |
| Working Capital Days | 40 | 3 | 32 | 21 | -34 | -23 | 5 | -5 |
| ROCE % | 13 | 13 | 24 | 28 | 37 | 27 | 28 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
order book, Rs crore
1,330inr_cr
2026-06-30
order inflow
255inr_cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
20.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Advait Energy Transitions Limited. Open one to see why it matters.
26 Aug, 18:05 IST · Company event · medium impact
Advait Energy Transitions Limited has won a new order or contract
18 Aug, 18:05 IST · Company event · medium impact
Advait Energy Transitions Limited has won a new order or contract
12 Aug, 18:05 IST · Company event · medium impact
Advait Energy Transitions Limited has won a new order or contract
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Apar Industries Limited
- Avalon Technologies Limited
- Cords Cable Industries Limited
- Diamond Power Infrastructure Limited
- Dynamic Cables Limited
- Emmvee Photovoltaic Power Limited
- Finolex Cables Limited
- Fujiyama Power Systems Limited
- KEI Industries Limited
- KSH International Limited
- Mtar Technologies Limited
- Paramount Communications Limited
- Plaza Wires Limited
- Polycab India Limited
- Premier Energies Limited
- Quadrant Future Tek Limited
- R R Kabel Limited
- Universal Cables Limited
- Waaree Energies Limited
Uses as raw material
- Aluminium-clad steel (ACS) wire inputs
- Optical fibre / optical ground wire (OPGW) inputs
- Power transmission hardware and stringing tools
Depends on the price of
- aluminium
- steel
Sells to
- Adani (solar EPC project, 75 MW commissioned) · solar PV EPC
- Apar Industries Limited · OPGW / live-line OPGW installation services
- Gujarat Energy Transmission Corporation Ltd (GETCO) · OPGW / live-line OPGW installation services
- Gujarat Urja Vikas Nigam Limited (GUVNL) · battery energy storage system (BESS) project
- KEC International Limited · OPGW / power transmission EPC supply
- KPI Green Energy Limited · electrolyser plant / solar PV EPC work
- Paschim Gujarat Vij Company Ltd (PGVCL) · underground cabling turnkey (11kV HT/LT) orders
- Power Grid Corporation · OPGW, ERS and power transmission products
- Sterlite Power Transmission Ltd · OPGW / live-line OPGW installation services
- THDC India Ltd · green hydrogen microgrid (electrolyser + fuel cell)
- Tamil Nadu Transmission Corporation Ltd · OPGW / live-line OPGW installation services
- Tata Projects Limited · OPGW / transmission EPC supply
- Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL) · OPGW project execution / live-line stringing
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Capital Goods
- Industry
- Other Electrical Equipment
- Classification
- Capital Goods › Other Electrical Equipment
- ISIN
- INE0ALI01010
Business segments
- (a) Power Transitions Divisioin (PTS) · 63%
- (b) New & Renewable Energy Business (NRE) · 37%
Plants
- Advait ACS wire, OPGW & ERS manufacturing facility, Kadi
- Advait green hydrogen electrolyser / fuel cell plant, Ahmedabad
News impact
Big market events that reach Advait Energy Transitions Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 11 Sep 2026 | unspecified | ₹2 |
|---|
Splits, bonuses & buybacks
- daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2628 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY261 Jun 2026
- Earnings call · Q3FY2612 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.